Nationwide launches Football Bond ahead of World Cup

England team sponsor Nationwide Building Society has prepared for the forthcoming World Cup by launching a new Football savings bond.

Launched today, a four-year fixed-rate bond paying 4.15 per cent has been made available, with an additional 0.5 per cent bonus applying if Fabio Capello's side lifts the World Cup this summer.

A range of other stepped rate e-Bonds, tracker and fixed-rate bonds have also been launched by the lender.

Robin Bailey, divisional director of savings and investments at Nationwide, said the firm was proud to be launching its new four-year Football Bond.

"It potentially goes further than just providing a guaranteed competitive interest rate for savers; it will also pay out an additional fixed bonus if England lift the cup," he stated.

"So if you're looking for a longer term savings bond and you want another reason to celebrate an England victory in South Africa, consider the Nationwide Football Bond."

England play their opening World Cup fixture against the USA on June 12th 2010.

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2010-05-14 13:53:24 © Moneyextra.com